How Does a Positive Health and Safety Culture Impact Bottom Line?
There is no doubt about the importance of health and safety in the workplace in keeping workers happy and productive, minimising the risks of work-related incidents, and abiding by health and safety legislation.
Creating a positive health and safety culture is not only about lawsuit, legislation and compliance – it also impacts the organisation’s bottom line. Once management focuses on health and safety concerns, positive changes start to happen, starting with happier, healthier and more productive employees.
A safer and more positive environment in the workplace means boosted morale for employees who consider their well-being and safety at work as important as their remuneration package. The employees’ positive morale and attitude toward work is an obvious bonus for productivity, which can translate into more revenue and healthier profit margins over the long term.
SHEQX’s solution transforms your company’s data into rich visuals for you to collect and organise, so you can focus on what matters to you. Stay in the know, spot trends as they happen and push your business further.
Improved Profit Margins
A positive health and safety culture can drive a higher turnover and can significantly improve profit margins. Proactive health and safety practices prevent serious incidents, injuries and death at work, all of which can affect business operations negatively. Furthermore, businesses lose fewer sick days and avoid work-related illness and medical absenteeism.
Enhanced Brand Value
Aside from the employees’ well-being and health, a positive health and safety environment can also strengthen your brand image, as stakeholders take notice. The positive impact on clients, suppliers, partners and consumers at large can only increase company reputation as a great place to work and conduct business, resulting again in increased profitability and revenue.
Looking for an effective safety, health, environment, and quality (SHEQ) management solution that will assist your business to drive compliance with international standards?
Our SHEQX (Safety, Health, Environment and Quality) management solution, part of the XGRC product range, is an integrated management system that aggregates SHEQ data in a single, auditable database and manages analysis and reporting effectively.
SHEQX suite of modules assists in driving compliance with international standards and guidelines, e.g. ISO 9001, ISO 14001, OHSAS 18001, ISO 45001 and more.